NISSO HOLDINGS Balance Sheet Health
Financial Health criteria checks 5/6
NISSO HOLDINGS has a total shareholder equity of ¥15.4B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are ¥30.2B and ¥14.8B respectively. NISSO HOLDINGS's EBIT is ¥2.9B making its interest coverage ratio 321.7. It has cash and short-term investments of ¥9.1B.
Key information
13.9%
Debt to equity ratio
JP¥2.14b
Debt
Interest coverage ratio | 321.7x |
Cash | JP¥9.06b |
Equity | JP¥15.43b |
Total liabilities | JP¥14.80b |
Total assets | JP¥30.23b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9332's short term assets (¥21.6B) exceed its short term liabilities (¥12.0B).
Long Term Liabilities: 9332's short term assets (¥21.6B) exceed its long term liabilities (¥2.8B).
Debt to Equity History and Analysis
Debt Level: 9332 has more cash than its total debt.
Reducing Debt: 9332's debt to equity ratio has increased from 9.7% to 13.9% over the past 5 years.
Debt Coverage: 9332's debt is well covered by operating cash flow (142.6%).
Interest Coverage: 9332's interest payments on its debt are well covered by EBIT (321.7x coverage).